HDFC Bank Kolaras Shivpuri Madhya Pradesh MICR CODE

Find MICR Codes for HDFC Bank Kolaras Shivpuri Madhya Pradesh

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MICR Code
Bank Hdfc Bank Ltd
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Kolaras Np
Contact 0-2676161
Bank Details Hdfc Bank Ltd Kolaras Np HDFC0005563
Location Kolaras, Shivpuri
City Kolaras
District Shivpuri
State Madhya Pradesh
Pincode 473770
Country IN
Address Ground floor ward no 10 jagatpur tiraha a b road kolaras madhya pradesh 473770
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 0 for Kolaras Np branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 0 of HDFC Bank Ltd, Kolaras Np branch makes the system almost error free and faster. Use of HDFC Bank Ltd MICR codes for Kolaras Np branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Hdfc Bank Ltd are available with micr code -

>>Kolaras Np

MICR code for HDFC Bank Kolaras Np

HDFC Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. HDFC Bank Ltd MICR code for Kolaras Np is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 0 is the MICR code of HDFC for Kolaras Np branch. MICR code for Kolaras Np branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for HDFC Bank Ltd Kolaras Np is presented in the table alongside.

Use of HDFC Bank Ltd MICR code for Kolaras Np branch in kolaras

The MICR code 0 is used in RBI cheque clearing process to identify the branch Kolaras Np and HDFC Bank Ltd bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of HDFC is typically in either of these two font’s: E-138 and CMC-7.

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